Pakistan Services Limited (PSL) is in the corporate world for more than 50 years incorporated in the year 1958 in Karachi as a public limited company. Shares of PSL is quoted on the Karachi Stock Exchange (Guarantee) Limited.
The Company is principally engaged in the hotel business and owns and operates the chain of “Pearl Continental Hotels” in Pakistan. Currently, PSL owns six luxury hotels in all major cities of Pakistan and all its hotels enjoy unique standing in the market.
The total capacity of all six hotels is 1,526 rooms which are managed by the strength of over 3000 well versed employees of high caliber.
The name of “Pearl Continental Hotel” and “PC” logo is a local brand which is being used over last two decades; it is a registered trademark owned by PSL. “Pearl Continental Hotel” is the biggest and renowned local chain enjoying a significant market share of hotels business in Pakistan.
PSL has granted use of its trademark to other hotel operating companies across the country. “Zaver Pearl Continental Hotel” set up in the deep seaport city of Gwadar (Baluchistan) owned by a sister concern Hashwani Hotels Limited and upcoming PC Faisalabad Hotel both these hotels have been granted franchise by PSL to use the said trademark. PSL has also granted use of its trademark to another sister concern M/s. Hotel One (Private) Limited has also been granted use of name and logo owned by PSL and it is running hotels in the different part of country, namely, Islamabad, Multan, Faisalabad, Sialkot, Bahawalpur and Lahore. PSL, pursuing aim to position its brand in the different part of the globe, has already registered its trademark in more than 30 countries and has plan to launch its projects in the near future.
The Company besides doing “hotels Business” for the past 10 years has also been dealing in the “travels & tour related business” and running it under a prestigious banner of the DESTINATIONS OF THE WORLD (DOTW). This special venture is licensed under a master franchise agreement signed with DOTW, Dubai (United Arab Emirates).